RE: Need some advice
It's a tough call to make. If you are passionate about the sport, and can dedicate the time to it, and enjoy it, you could be ready. You might have to limit your distance the first season, but you should be able to hunt. There are lots of great bows on the market. Depending on your draw length, you may be able to pick up a good used bow cheap. You can get a new custom bow in the $200 range if you choose to go that route, and that would leave plenty for other supplies. Traditional bows will do the job as humanely as any weapon, as long as you do your part. I agree with keeping the weight low--50# will shoot through any whitetail, and is much easier to manage after you are cold and have been sitting still for a while.
Good luck!
Chad
Long Bows Rule!